Well, I am not impressed.
I have not been happy with Altmann since he came on board, and have stated that a few times in the past.
ECU is enriched by Michel Roy's efforts, and those enrichments are printed away "a la Bernanke" by Altmann. Remember, it's "future" profits that are being diluted by Altmann, and I'll be surprised if Michel is putting up more than token resistance, due to the extra rewards he too will reap. Having said that, I still believe in Michel as an honest and hardworking man, dedicated to developing ECU to it's full potential. AND, his loyalties are not to us, the common shareholder, but to the company, run capably, as they should be.
Common shareholders are second class citizens in the corporate world, and I'm sure we all know that.
However, how many freaken options is Altmann gonna print, before he moves on...shades of Stan Bharti, and look where he left us.
n
